| Share India Securities Ltd |
|
Registered Office:
6th Milestone Newbhai-Chara Co,Chikambarpur UP Border Sahibad
,
Ghaziabad
-
201006
,
Uttar Pradesh
, India.
Phone :
91-120-64702730 Fax:
Email : info@shareindia.com
Website : www.shareindia.com
|
Initial public offer of 64,32,000 equity shares of face value of  10 each ("equity shares") of share India Securities Limited ("company" or "issuer") for cash at a price of 41 per equity share (including a share premium of 31 per equity share) ("issue Price") aggregating to 26.37 ("issue" ) consisting of a fresh issue of 59,32,000 equity shares of face value of 10 each ("equity Shares") for cash at a price of 41 per equity share aggregating to 24.32 crores ("issue") and 5,00,000 equity shares of face value of 10 each ("equity shares") for cash at a price of 41 per equity share aggregating to 2.05 Crores through an offer for sale by mr.
Parveen Gupta, mr. Sachin Gupta, mr. Yashpal Gupta, mr. Rajesh Gupta, mrs. Rekha Gupta & mrs. Tripti Gupta (collectively Referred as selling shareholders including promoters) of which 3,24,000 equity shares of face value of 10.00 each for a cash Price of 41 per equity share, aggregating to 1.33 Crores will be reserved for subscription by market maker ("market maker Reservation portion"). The issue less the market maker reservation portion i.e. Issue of 61,08,000 equity shares of face value of
10.00 each at an issue price of 41 per equity share aggregating to 25.04 Crores (is hereinafter referred to as the "net issue"). The
Issue and the net issue will constitute 26.33% and 25.01%, respectively of the post issue paid up equity share capital of the Company.
Prospectus.
The face value of the equity shares is 10.00 each and the issue price is 41. The issue price is 4.10 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 21-Sep-17 |
26-Sep-17 |
Rs41.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :3000 Further Multiples of :3000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
24.32 |
|
| Project Financed through Current Offer |
26.37 |
|
| Post Issue Equity Share Capital |
24.42 |
|
| Issue Price |
Rs41.00 |
|
|